Gold has all the potential to go unprecedentedly high. But silver will be gold on
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Gold futures on Thursday finished higher, despite firmness in the U.S. dollar and a rally in stocks that took the Dow Jones Industrial Average DJIA and the S&P 500 SPX to intraday records, as investors became less concerned about the omicron variant of COVID slowing economic growth.
Inflationary Overheating, Tapering & Terminating QE, We’ve Seen This Before & It Didn't End WellDec 30, 2021 - 12:57:04 PST
The economy was in danger of running hot, too hot they all said. In order to stay ahead of such inflation potential, as central bankers saw it, first it would be necessary to wind down quantitative easing. Taper then terminate. After that, rate hikes.Hawks buzzing around everywhere.
This Indicator Flashed Warnings in 2000 and 2007 - And It’s Buzzing Now: MWDec 30, 2021 - 12:40:06 PST
It has to do with margin debt. According to Ned Davis, senior investment strategist at Ned Davis Research, falling margin debt growth, from high levels, triggers a sell warning. When the 15-month rate of change in margin debt falls below 48%, the market was lower three to 18 months later, on average.
Dec 30, 2021 - 12:23:31 PST
Let's look at academic proposes to fix inflation with a spotlight review of my 2014 article "Law of Bad Ideas".
US Dollar’s Status as Dominant “Global Reserve Currency” Hobbles along 25-Year LowDec 30, 2021 - 12:22:33 PST
Euro’s 20th birthday after dreams of “Dollar Parity” put on ice during Euro Debt Crisis. Central banks still leery of Chinese renminbi.
‘This Is a Crisis of the Kremlin’s Making’: Biden Putin Set To Speak As Tensions Mount Over UkraineDec 30, 2021 - 12:13:02 PST
Ukraine has warned for months that thousands of Russian troops were massing along its eastern border.
Dec 30, 2021 - 12:05:52 PST
According to monitoring from a Chinese think tank, the US military conducted highly intensive operations near China including aerial close-in reconnaissance, aircraft carrier drills and submarine activities over the past year, posing severe military threats and security risks to China in regions including the South China Sea and the Taiwan Straits, military experts said on Tuesday.
Dec 30, 2021 - 11:54:29 PST
The bill rejects Biden's $715 billion Pentagon budget request and instead calls for $740 billion for the Defense Department.
When price inflation occurs, it can be a very challenging time for everyone. In that type of environment, prices of goods and services often go up faster than wages, and the public and policymakers wish to constrain them.
The interesting feature of the 'last chance to get out' is nobody sees it until after the crash has done its damage.
Stimulus for the Rest of the World: Imports Spike, Trade Deficit in Goods Worsens RelentlesslyDec 30, 2021 - 10:38:20 PST
Three-decade trend brought about by Corporate America and the religion of globalization.
Packaged food makers can’t seem to raise prices fast enough. The maker of Cheerios, Yoplait and Annie’s mac and cheese said organic sales, which strip out acquisitions, divestitures and currency movements, rose an impressive 5% from a year earlier.
In fairness to Biden, The Federal Reserve has been overstimulating the economy since The Federal Reserve since Ben Bernanke and the Fed Open Market Committee (FOMC) dropped the hammer on The Fed Funds Target Rate once the rate hit 5.25% in September 2007.
Dec 30, 2021 - 07:07:48 PST
Potential for higher volatility may push investors to gold as a potential hedge against heightened market risks
Gold prices slipped for a third straight session on Thursday as the dollar gained, with bullion hovering around the $1,800 mark as it heads towards its worst annual performance in six years.
Initial claims for unemployment insurance were expected to total 205,000 for the week ended Dec. 25, according to economists surveyed by Dow Jones.
This is breaking news. Please check back here for updates.
Continuing jobless claims tumbled to 1.716 million last week. That is the lowest since pre-COVID-Lockdowns in March 2020...
Gold may be the key to finding space aliens!After years of development, the James Webb Space Telescope (JWST) was launched into space on Christmas day.
2022 will bring new challenges. In addition to central banks shifting toward policy normalization, geopolitical and systemic risks are multiplying.
Bitcoin is continuing its December retreat and testing a key technical level that over the past two years has tended to act as a floor for the world’s largest cryptocurrency.